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Overdrive Extra: Page 66
Overdrive Extra
So you want a good deal on a low-mileage truck…
Sales of trucks, like everything else, slumped badly during the recession. Now there’s a shortage of used trucks in the sweet spot of four to five model years old, and it’s not going away anytime soon.
October 20, 2010
Overdrive Extra
Learning from a crash course
Such opportunities will increase as the economy struggles to get on its feet, and trucking already is ahead of the curve. It’s easy in the flush of good times to forget lessons so clearly illustrated during hardship. It’s best not to.
October 14, 2010
Overdrive Extra
Rebounding factories slow a bit in September
The recovery is still on, but it’s getting winded. That’s the conclusion of the Institute for Supply Management, which released its monthly manufacturing report today. While ISM’s Purchasing Managers Index “reading of 54.4 percent is still quite positive, the overall picture is less encouraging,” says ISM’s Norbert Ore. “The growth of new orders continued to […]
October 1, 2010
Overdrive Extra
Dollars and Sense
You shouldn’t care much about gross revenue, but rather how much of that revenue you get to keep after expenses.
October 1, 2010
Overdrive Extra
Old Mack bulldog learns some new tricks
The old Mack bulldog has something to bark about: His website was named one of “10 Great B-to-B Sites” by BtoB (as in business to business), a marketing magazine.
September 17, 2010
Overdrive Extra
If you got it, a Russian might have trucked it
Driver demand has been slowly swelling all year. It’s likely to get hotter in 2011, even if the economy only crawls forward in fits and starts. By this time next year, I wouldn’t be surprised if there’s talk of where to find new driver pools. Whenever this has come up in the past, one response […]
September 10, 2010
Overdrive Extra
Confidence lackluster, but factories humming
Tuesday’s report on consumer confidence was a bit sour, even though the index was up a tad. “Overall, consumers remain apprehensive about the future,” said an official with The Conference Board Consumer Research Center, which manages the survey. But, hey, that’s just a survey of how people feel. A report this morning shows that manufacturing, […]
September 1, 2010
Overdrive Extra
Dollars and Sense
To buy a tractor without an idea of its application is putting the cart before the horse (or, we might say, the trailer before the tractor).
September 1, 2010
Overdrive Extra
‘Monster train’ and other freight supersizers
You might have missed news of Union Pacific testing to see just how long a train can be. I didn’t know of it until reading a Wall Street Journal story this week. Writer Jennifer Levitz cites the train as an example of pressures in rail and ocean shipping, as well as trucking, to haul more […]
August 17, 2010
Overdrive Extra
Would you like fries with that?
Driver demand is higher than it’s been in more than two years. For leased owner-operators, it could be a good time to get updated on compensation packages and other lease terms, especially if you’ve been with the same carrier for more than a few years.
August 5, 2010
Overdrive Extra
Just one word. Are you listening?
The Institute for Supply Management’s monthly report on factory output lists Plastics (with rubber products) as the fastest growing segment. The news remains strong overall for manufacturing, which had its 12th consecutive month of expansion.
August 2, 2010
Overdrive Extra
Dollars and Sense
These steps will prepare you well for getting the critical information you need to make a wise decision.
August 1, 2010
Overdrive Extra
Coming attractions: Show trucks
The biggest venue for Pride & Polish, produced now by Overdrive’s Custom Rigs, is coming in less than a month. It’s the Great American Trucking Show in Dallas, Aug. 26-28. This show always draws great rigs. You can view a quick sampling from the 2009 show in a music video on Overdrive’s video player. There […]
July 30, 2010
Overdrive Extra
Five decades of trucking
Overdrive has a big anniversary next year – its 50th. You can e-mail your reflections about trucking to me at
[email protected]
or send them to Overdrive, P.O. Box 3187, Tuscaloosa, AL 35403.
July 26, 2010
Overdrive Extra
Ex-Arrow chief loses expensive home
Former Arrow Trucking drivers, as well as those disgusted by the company’s mismanagement, might gain some slight sense of vindication in reading the Tulsa World’s account of the foreclosure on the home of former Arrow Trucking Chief Executive Officer Doug Pielsticker. The home, like Arrow in its final days, was way too deep in debt. […]
July 8, 2010
Overdrive Extra
Manufacturing still growing, but more slowly
The recovery is still with us, note the factory-watchers at the Institute for Supply Management. The manufacturing sector expanded in June for the 11th consecutive month, though at a less heated pace than in May. The overall economy for the 14th consecutive month in June. Of course, the housing and labor markets still suffer. The first […]
July 1, 2010
Overdrive Extra
Dollars & Sense
Most of us wander through life on autopilot. We end up in our jobs by default. Are you in control of the decisions about your life?
July 1, 2010
Overdrive Extra
Con-Way gets a nod from marketers
Trucking has probably been more of a follower than a leader when it comes to adapting to the Internet, but a recent feature story in marketing tabloid BtoB shines a nice light on truckload and logistics provider Con-Way Inc. for its use of social media. (“B-to-B” is marketing jargon for business-to-business relationships.) “Twitter application drives […]
June 23, 2010
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